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We are fast approaching the deadline for self-assessment tax returns, which is also when those who are self-employed or who have continued to receive the child benefit, while earning more than £50,000, will be due to submit their return and pay outstanding tax.

Inheritance tax (IHT) is an unwelcome burden to many families on the death of a loved one. It hits straight away, as it has to be paid even before probate can be obtained and control established over the assets of the deceased.

As most people will know, the sale of your main residence is exempt from capital gains tax (CGT) providing the property has been the only or main residence throughout the period of ownership, or throughout that period except for any part of the final 18 months.

As an insolvency practitioner I cannot tell you how many times that I have heard these words: “But I thought that if I operated as a limited liability company financially there would be no personal implications for me if it enters into an insolvency process.”

We are fast approaching the deadline for self-assessment tax returns, which is also when those who are self-employed or who have continued to receive the child benefit, while earning more than £50,000, will be due to submit their return and pay outstanding tax.

Much of George Osborne’s announcements in his Autumn Statement seemed to have been leaked to the press in advance of his speech, but one area where he did offer up something of a surprise was that from the start of the next tax year ISA ‘inheritability’ will exist. So what does this mean?

When our children eventually fly out from beneath our wings, they are likely to start their independent lives with bills or student debt. As parents, it’s important for us to encourage our children into a saving habit early on and, if possible, ensure they have a nest egg for the costs that lie ahead of them.

Buying your first property can appear a daunting experience but with the right help along the way it should not be as stressful as many would make it out to be. If you are considering dipping into the property market for the first time, then the following tips may prove useful to you.